Michelin Corporate Foundation has been announced as a corporate founding partner in the development of the V&A Museum of Design Dundee. The V&A Museum will be the first in the UK outside of London, and is part of a wider £1 billion regeneration scheme for the city. Due for completion in 2018, the foundation will support both its initial and ongoing development with a significant investment. A gallery within V&A Dundee will take on the Michelin name for a term of 25 years. Michelin has strong ties to Dundee; its tyre plant on Baldovie Road is the city’s largest employer. The French manufacturer committed to an investment of £52 million to modernise the plant in 2015, and was recently visited by the Queen.